The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) both fell by nearly 1% in Monday's session — the latter tumbling 398 points to close the day in negative territory. The Nasdaq Composite (^IXIC) dropped by 1.18%, all of the indices starting the week lower following Friday's jobs data-fueled rally.

Market Domination Overtime host Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the day's market moves while taking into consideration forecasts around the Federal Reserve's future interest rate cuts.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.